🔴 Gilat Satellite Networks is trading 5.5% down today as global risk-off sentiment hits growth assets

Gilat Satellite Networks is trading at €9.40, down -5.53%, as global risk-off sentiment weighs on growth-oriented assets.

• The decline accompanied Tuesday’s technology-led market selloff, as higher Treasury yields, rising oil prices, and worsening U.S.-Iran tensions reduced appetite for growth-oriented assets.
• Reuters reported the Nasdaq fell 1.33%, while the 30-year Treasury yield reached its highest level since 2007.
• No negative company-specific announcement was identified; recent Peru broadband news was positive.